VERIFIEDET Markets·2 Jul 2026positive

Bharti Airtel shares in focus as NBFC Airtel Money commences commercial operations after RBI nod

AI Summary

·Bharti Airtel's NBFC arm, Airtel Money, has begun commercial operations after receiving RBI approval.
·Nomura maintained a bullish outlook on Bharti Airtel, increasing its target price to Rs 2,355 per share.
·Despite a 34% decrease in Q4 profit, Airtel experienced robust revenue growth and margin expansion in its India and Africa operations.